Nine Energy Service, Inc., the Houston-based firm with offices in Enid, Hennessey and Shawnee, Oklahoma reported second quarter 2018 revenues of $205.5 million. The earnings report released Monday showed net income of $9 million and adjusted EBITDA of $30.6 million. The second quarter 2018 revenues were up 18% compared to the first quarter of the …
August 2018 archive
Arkansas Sends $1.8 Million Settlement Proposal to Exxon Mobil for 2013 Pipeline Spill Damage
Arkansas state and federal officials are seeking more than $1.8 million from Exxon Mobil to compensate for damage and wildlife restoration efforts caused by a 2013 oil spill, according to a report published on Thursday by the Arkansas Democrat-Gazette. The Arkansas Game and Fish Commission mailed the settlement proposal to Exxon on Tuesday. The proposal …
American Wind Week Celebrated by Enel Green Power
Enel Green Power recently celebrated American Wind Week by hosting several officials at its Red Dirt Wind Farm and the Osage Wind Farm in Burbank. Enel focused on technology and power generation, according to a report published by The Oklahoman. Enel has invested more than $2.7 billion to build and operate 1,700 megawatts of generating …
Russian Meddling in Oklahoma Energy Industry?
As national intelligence officials pointed the finger at Russian meddling in the 2016 Presidential election, an Oklahoma congressman participated in a House committee charged with determining whether similar efforts were pursued to influence the U.S. domestic energy policy. A recent report by the News 9 investigation staff reveals Congressman Frank Lucas’ involvement in meetings designed …
National Drive Electric Week Event Set for September 8 at Wheeler Park
Would you like to test drive an electric car or motorcycles? In conjunction with National Drive Electric Week, the Association of Central Oklahoma Governments (ACOG) is raising awareness of today’s availability of all-electric and plug-in hybrid-electric cars, motorcycles and more. The event will be held on Saturday, September 8, 2018 from 11:00 a.m. until 2:00 …
Rig Count: National Count Jumps by 13, Oklahoma Gains 2 New Rigs
The number of U.S. oil and gas rigs jumped by 13 this week, while Oklahoma’s rig count climbed by two, Baker Hughes reported Friday. The country’s rig count increased to 1,057, up from 949 one year ago. Rigs drilling for oil increased by ten to 869, while the number of rigs drilling for natural gas …
Governor Places SQ 800 on November 6 Ballot
Governor Mary Fallin recently signed an executive proclamation to place the Oklahoma Vision Fund on the November 6 general election ballot. State Question 800, if approved by a majority of voters, would amend the state constitution by allowing the state to annually deposit five percent of the gross production tax collections. No more than …
Permits to Drill — August 13, 2018
Blaine County SAWYER #1613 2H-27X, August 10 2018 03 15N 13W SENWNWNE API: 01124064 Lat: 35.81131151130476, Long: -98.56835134514907 NEWFIELD EXPLORATION MID-CON INC HH, DR, 22284 ft, MISSISSIPPIAN(11642), MISSISSIPPI(11678) Blaine County SAWYER #1613 4H-27X, August 10 2018 03 15N 13W NWNENWNW API: 01124066 Lat: 35.81162759948369, Long: -98.57596415468811 NEWFIELD EXPLORATION MID-CON INC HH, DR, 22514 ft, MISSISSIPPI(11678), MISSISSIPPIAN(11715) Blaine …
Delving into Oklahoma’s economic recovery at the state government level
Oklahoma State Treasurer Ken Miller is out with his monthly treasurer’s report, one showing how the state has recovered economically over the past fiscal year. That’s good reason for him to smile a lot more these days. Gross Receipts totaled $12.2 billion, while the General Revenue Fund increased as well thanks in part to a …
Permits to drill Aug. 9, 2018
Beaver County BONNIE #1-24, August 09 2018 24 6N 21E CS2NW API: 00724786 Lat: 36.973782015331814, Long: -100.7431470055781 FOUNDATION ENERGY MANAGEMENT LLC SH, RC, 6850 ft, CHASE(2750), COUNCIL GROVE(3050), HEEBNER(4330), LANSING(4550), OSWEGO(5630), CHEROKEE(5750), MORROW UP(6020), MORROW LOW(6260), CHESTER(6260) Blaine County RANDALL WHITE FEDERAL #1-19HM, August 09 2018 19 15N 13W NWNWNWNW API: 01124062 Lat: 35.768234733956696, Long: -98.63126684644904 CONTINENTAL …